Financing
Transitions is a guide to anticipating and managing capital and
liquidity needs in your business. Its mission is to help you
keep control over decisionmaking, and to keep family control
of the business. It presents tools to manage business capital
and shareholder liquidity needs, including for the first time
the important concept of the "Family Effect" and a
new formula for gauging shareholders' expected rate of return.
And it describes in detail an array of up-to-date financial solutions
for providing liquidity and capital to the family business. This
book aims to give the business owner the financial tools and
understanding needed to provide future generations the fullest
possible opportunity to enjoy the unique benefits of business
ownership. This includes not only the chance to create wealth
and rewarding careers for family members, but the opportunity
to convey to the world at large the family pride, cohesiveness
and shared goals and values that are manifested by a healthy
family business.